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February 26, 2020, 8:40 AM
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| Rob Price / Business Insider: |
Facebook says it will now ban ads that promise to cure or prevent COVID-19, or attempt to “create a sense of urgency” about it — - Facebook is tightening up its rules on ads that reference the coronavirus outbreak. — It is banning ads that mentioned it if they attempt to …
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Wired, The Verge, Tech Times, Engadget, CNET, PhoneArena, and Mashable
Tweets: @sarah_mojarad, @wired, @iamslick, @fabiochiusi, @karlitaliliana, and @lmatsakis
| Salesforce: |
Salesforce says Keith Block has stepped down as co-CEO but will still advise Marc Benioff; Gavin Patterson named President and CEO of Salesforce International — Salesforce (NYSE: CRM) today announced that Keith Block has stepped down as co-CEO of Salesforce and Marc Benioff is Chair and CEO of the company.
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TechCrunch, Enterprise Times, TheStreet, Silicon Valley Business …, SiliconANGLE, ZDNet, Axios, and IT Management
Tweets: @parkerharris, @benioff, @sallyshin, and @wsj
| Jordan Novet / CNBC: |
Salesforce acquires Vlocity, a provider of cloud and mobile software built atop Salesforce, for $1.33B, reports Q4 revenue of $4.85B, up 35% YoY, vs $4.75B est. — - Keith Block became co-CEO alongside Marc Benioff less than two years ago. — Salesforce announced the $1.33 billion acquisition …
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Seeking Alpha, Vlocity, Salesforce.com, PR Newswire, Computer Business Review, Enterprise Times, and TechCrunch. Tweets: @teddyschleifer
| Catalin Cimpanu / ZDNet: |
PayPal is investigating unauthorized transactions affecting numerous German users; a researcher says hackers could be exploiting PayPal's Google Pay integration — All signs point to an attack exploiting PayPal's Google Pay integration. … Hackers have found a bug in PayPal's Google Pay integration …
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CyberNews, Forbes, NFCW, Spyware news, Computing, HackRead, TechRadar.com, and BleepingComputer
Tweets: @iblueconnection, @iblueconnection, @forbeseurope, @grannyclear, @chey_cobb, @norton, @chey_cobb, and @metacurity
| Rebekah Valentine / GamesIndustry.biz: |
Facebook has acquired Sanzaru Games, developer of Asgard's Wrath, for an undisclosed amount; the game studio will remain independent under Oculus Studios — Studio behind Asgard's Wrath to join Oculus Studios and continue VR development — Facebook has acquired Asgard's Wrath developer Sanzaru Games for an undisclosed amount.
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Oculus Blog, VRFocus, Yahoo Finance, Wccftech, Social Media Today, Input, Hollywood Reporter, PC Games Insider, Road to VR, Android Central, Gamasutra, TechCrunch, and UploadVR
Tweets: @ericflo, @boztank, @wumpagem, @scobleizer, and @vtnvivi
| The Walt Disney Company: |
Bob Chapek has been named CEO of The Walt Disney Company, effective immediately; Bob Iger will serve as executive chairman through 2021 — Robert A. Iger Assumes Role of Executive Chairman through 2021 Mr. Iger Will Direct the Company's Creative Endeavors Mr. Chapek Brings 27 Years …
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CNBC, The Verge, TechCrunch, Variety, Vox, Understandably, Morning Brew, 5ish from M.G. Siegler, coinspeaker.com, IndieWire, Input, MacDailyNews, 9to5Mac, NBC News, IGN, The Information, GameSpot, Digital Trends, CNET, Silicon Valley Business …, The Daily Dot, Patently Apple, Yahoo Finance, Quartz, Deadline, AppleInsider, BGR, Polygon, Engadget, WebProNews, Android Central, MediaNama, Geek.com, and Observer
Tweets: @edmundlee, @ballmatthew, @kirkneverdied, @anthony, @pkafka, @variety, @maudegarrett, @crecenteb, @thekenyeung, and @pkafka
| Tom Krisher / NBC Bay Area: |
NTSB says the driver in a 2018 Tesla accident was distracted by a game on his phone and that the NHTSA's hands-off approach to self-driving tech is “misguided” — Just before the crash, the Tesla steered to the left into a paved area between the freeway travel lanes and an exit ramp
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CNBC, iMore, AppleInsider, NTSB, MacRumors, Engadget, Protocol, SiliconANGLE, iPhone Hacks, Game Rant, BGR, Business Insider, Digital Trends, New York Times, and Houston Chronicle
Tweets: @chrisgailus, @pauldoroshenko, @quinnypig, @mattoyeah, and @jwilliamsap
| Reuters: |
Ex-Apple employees and supply chain experts say preparation for new iPhone production, which usually starts early in the year, may be delayed due to COVID-19 — SAN FRANCISCO/TAIPEI (Reuters) - Travel restrictions to China because of the coronavirus have come just as Apple Inc's (AAPL.O) …
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International Business Times, iPhone Hacks, Tom's Guide, iPhone in Canada Blog, AppleInsider, MacRumors, iDownloadBlog.com, iMore, and 9to5Mac
Tweets: @stephennellis and @danwwang
| Bloomberg: |
Autonomous vehicle startup Pony.ai has raised $462M in its latest funding round led by Toyota at a valuation of more than $3B — Toyota Motor Corp. invested $400 million in Pony.ai to strengthen its ties with the Chinese provider of driverless-car systems.| Saritha Rai / Bloomberg: |
Bangalore-based Rupeek Fintech, an online lender that dispenses loans against gold jewelry and heirlooms, has raised $60M, source says at a valuation of $300M+ — - Indian startup raises $60 million from investors including GGV — India's citizens hoard more gold than any other country| Alfred Ng / CNET: |
A look at US schools' growing use of mobile phone tracking tech from companies like Inpixon, using scanners to pick up Bluetooth, Wi-Fi, and cell signals — Teachers often lament that phones can be a distraction in classrooms. Some governments have even banned phones outright in schools.
Tweets: @alfredwkng, @alfredwkng, @jujueyeball, @privacyproject, @ruchowdh, @evan_greer, @adam_k_levin, and @willoremus
| Catherine Shu / TechCrunch: |
On-demand tutoring app Snapask raises $35M Series B led by Asia Partners and Intervest to expand in Southeast Asia, bringing its total raised to $50M — Snapask, an on-demand tutoring app, announced today that it has raised $35 million in Series B funding.
| Hannah Gilberstadt / Pew Research Center: |
Pew: 74% of Americans have little or no confidence in tech companies like Facebook and Google preventing misuse of their platforms to influence 2020 election — Nearly three-quarters of Americans (74%) express little or no confidence in technology companies like Facebook …
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TechCrunch, Axios, International Business Times, and OpinionToday.com newsletter
Tweets: @facttank, @pewresearch, and @helloitsthao
| Sahil Patel / Wall Street Journal: |
Toy manufacturers are making merchandising deals with YouTube stars like Blippi and channels like Cocomelon as kids seek toys based on what they watch online — YouTube stars such as Stevin “Blippi” John draw retailers' interest as children seek products based on what they watch online| Paul Sawers / VentureBeat: |
Plume, which develops an AI-powered adaptive home Wi-Fi mesh network system, has raised $60M Series D at a $510M valuation, bringing its total raised to $127M — Plume, a Comcast-backed startup that develops an AI-powered adaptive home Wi-Fi mesh network system, has raised $85 million in a mixture of equity and debt financing.
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PR Newswire and Light Reading
| Lara O'Reilly / Digiday: |
Sources: France's third largest telecom, Bouygues, awarded a contract to Google to develop a targeted TV ad system using data from Bouygues' set-top TV boxes — Google has long pitched YouTube as an alternative to traditional TV advertising, but it's never managed to make a move into the $170 billion global TV ad market itself.| Kyle Wiggers / VentureBeat: |
SambaNova Systems, a startup that provides systems to run AI apps from the datacenter to the edge, raises $250M Series C led by BlackRock — The infrastructure required to handle AI workloads is often as complex as it is sprawling, but a cottage industry of startups has emerged whose focus is developing solutions for end customers.
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SiliconANGLE, Silicon Valley Business …, Wall Street Journal, SambaNova, and FinSMEs. Tweets: @farshchi
| Matt Novak / Gizmodo: |
US DOD has adopted a series of ethical principles for the use of AI, says recommendations came after 15 months of consultation with “leading AI experts” — The U.S. military has adopted new ethics guidelines for the use of artificial intelligence in its futuristic robot tanks … | FinSMEs: |
ServiceMax, which offers cloud-based field service applications built on the Salesforce platform, raises $80M round led by Salesforce Ventures and Silver Lake — ServiceMax, a Pleasanton, Calif.-based provider of asset-centric field service management solutions, raised $80m in growth funding.
More:
Wall Street Journal, PR Newswire, Seeking Alpha, San Francisco Business Journal, and diginomica. Tweets: @blsuth
| Will Oremus / OneZero : |
In-depth look at the iOS App Store and the potentially anti-competitive ways it restricts consumers and third-parties, an increasing area of regulatory scrutiny — Its App Store has a choke hold on your devices. That may not last much longer. — ou've just dropped $500 on a new iPad Air.
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The Verge. Tweets: @meganmorrone, @ozm, @ozm, @siobhannyc, @willoremus, @willoremus, @willoremus, @willoremus, @willoremus, and @dlberes
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